Homework Answers
Total Activity cost = $14,600
Total Activity units = 750
Activity rate = $14,600 / 750
Activity rate = $19.47
Option 'C' is correct
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15. Paul Company has two products: A and B. The company uses activity-based costing. The total...
1. Paul Company has two products: A and B. The company uses activity-based costing. The estimated...
1. Paul Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activity for each of the company's three activity cost pools are as follows: Activity Cost Pool Activity 1............ Activity 2 Activity 3. Estimated Cost $22,000 $16,240 $14,600 Expected Activity Product A Product B 400 100 380 200 500 250 Total 500 580 750 The activity rate under the activity-based costing system for Activity 3 is closest to: 2. James Company...
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5. Matt Company uses activity-based costing. The company has two products: A and B. The annual...
5. Matt Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 8,000 units and of Product B is 6,000 units. There are three activity overhead cost pools, with estimated total overhead cost and expected activity as follows: Activity Cost Pool Expected Activity Product A Product B Total Estimated Cost $20,000 $37,000 $91,200 Activity 1... Activity 2.......... Activity 3 100 800 800 400 200 3,000 500 1,000 3,800 The...
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A company has two products: A and B. It uses activity-based costing and has prepared the...
A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Activity 1 $ 106,000 4,900 4,700 Activity...
A company has two products: A and B. It uses activity-based costing and has prepared the...
A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: Budgeted Activity Activity Cost Budgeted Product A Product B Pool Cost Activity 1 Activity 2 97,000 $72,000 4,000 3,800 5,500 6,500 $113,000 Activity 3 3,500 6,250 Annual production and sales level of Product A is 35,300 units, and the annual production and sales level of Product B is 70,550...
A company uses activity-based costing to determine the costs of its three products: A, B, and...
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Activity cost pool budgeted cost product A product B product C Activity 1 70,000 6,000 9,000 20,000 Activity 2 45,000 7,000 15,000 8,000 Activity 3 82,000 2,500 1,000 1,625 How much overhead will be assigned to product B using activity-based costing?
Accola Company uses activity-based costing. The company has two products: A and B. The annual production...
Accola Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 1,100 units and of Product B is 700 units. The direct production costs (material and labour) for Product A are $110,600 and for B is $70,000. There are three activity cost pools for overhead, with estimated costs and expected activity as follows: Expected Activity Product A Product B Estimated Cost Total Activity Cost Pool Activity 1 Activity 2...
Thank You for the help! Abel Corporation uses activity based costing. The company makes two products:...
Thank You for the help!
Abel Corporation uses activity based costing. The company makes two products: Product A and Product B. The annual production and sales of Product A is 210 units and of Product B is 420 units. There are three activity cost pools, with total cost and activity as follows: Activity Cost Pools Activity 1 Activity 2 Activity 3 Total Activity Total Cost Product A Product B Total $14,625 500 150 650 $19,570 1,150 750 1,900 $ 9,782...
1. Paul Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activity for each of the company's three activity cost pools are as follows: Activity Cost Pool Activity 1............ Activity 2 Activity 3. Estimated Cost $22,000 $16,240 $14,600 Expected Activity Product A Product B 400 100 380 200 500 250 Total 500 580 750 The activity rate under the activity-based costing system for Activity 3 is closest to: 2. James Company...
5. Matt Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 8,000 units and of Product B is 6,000 units. There are three activity overhead cost pools, with estimated total overhead cost and expected activity as follows: Activity Cost Pool Expected Activity Product A Product B Total Estimated Cost $20,000 $37,000 $91,200 Activity 1... Activity 2.......... Activity 3 100 800 800 400 200 3,000 500 1,000 3,800 The...
5. Tanner Company has two products: A and B. The company uses activity-based costing and has prepared the following analysis showing the estimated total cost and expected activity for each of its three activity cost pools: Activity Cost Pool Activity 1 Activity 2 Activity 3 Estimated Overhead Cost $ 40,000 $ 29,200 $180,000 Expected Activity Product A Product B 200 800 1,000 500 600 5,400 Total 1,000 1,500 6,000 The annual production and sales level of Product A is 9,094...
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Thank You for the help!
Abel Corporation uses activity based costing. The company makes two products: Product A and Product B. The annual production and sales of Product A is 210 units and of Product B is 420 units. There are three activity cost pools, with total cost and activity as follows: Activity Cost Pools Activity 1 Activity 2 Activity 3 Total Activity Total Cost Product A Product B Total $14,625 500 150 650 $19,570 1,150 750 1,900 $ 9,782...
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